Motor
Podcast: Reflections on the initial OIC portal data
In the first of a two-part podcast series Insurance Post reflects on the initial Official Injury Claim data covering the first three-month period.
Blog: Pay-as-you-buy insurance – a customer choice-based concept
Telematics has created an acceptance of data sharing that paves the way for insurers and their customers to access the benefits from open banking data, argues Sara Costantini, managing director of Crif Decision Solutions.
NI to change discount rate in New Year
Northern Ireland’s Justice Minister Naomi Long has welcomed the passing of a Bill that will change how the country’s personal injury discount rate is set.
Allianz in Uber tie-up; Assured Partners acquires SW broker; BGL and Covea to launch new direct brand; and Twelve Capital/Eos unveil insurtech focused growth fund
Post wraps up the major insurance deals, launches and investments of the week
Concerns flagged as nine in 10 OIC portal claimants still represented
The proportion of unrepresented claimants using the Official Injury Claim portal remained below one in ten for its second quarter of operation.
Sampo buys out RMI to take over Hastings in full
Finnish insurer Sampo has paid Rand Merchant Investment Holdings £685m for its 30% stake in Hastings and now owns the whole business.
Q&A: Activate Group CEO Hannah Wilcox and CCO Victoria Turner on Motor Repair Network’s British Insurance Awards success
Following its success as Outsourced Partner of the Year, Post caught up with Hannah Wilcox and Victoria Turner, from Motor Repair Network’s parent Activate Group, to discuss the key ingredients behind its winning entry - and how it is looking to build on…
Aviva insures autonomous shuttle trial; brokers outscore insurers in CX research finds; Howden buys again; Gallagher completes on Willis deal and PPL updates on next gen platform
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: Are insurers still on track to cover motorsport risk?
BLM partner and head of sports David Spencer considers the motorsports cover arena post-lockdown.
MCE CEO Edwards pledges legal action against Gibraltar regulator
MCE Insurance CEO Julian Edwards has pledged legal action against the Gibraltar Financial Services Commission following the appointment of administrators at MCE’s Gibraltar-based insurer.
Gibraltar regulator denies accusations made against it by MCE
The Gibraltar Financial Services Commission has denied accusations made against it by MCE Insurance earlier this week in the wake of MCE’s Gibraltar-based insurer being put into administration.
Zurich launches 'industry first' resilient property drive; Alan & Thomas acquires Aquilla; two Lloyd's syndicates approved; and Aviva reports uptick in commitments to net zero target
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Roundtable: Reimagining and improving the insurer-policyholder relationship
Gamification, actionable insights and/or relevant rewards. These were among the options considered at a recent roundtable hosted by Post in association with Endava to help insurers build deeper and longer relationships with their policyholders.
Spotlight: Why personal lines brokers should make claims a USP
As the heart of the insurance experience, Steve Molloy, director of commercial sales at AX, argues claims offer real opportunities for forward-thinking brokers to steal a march on their rivals.
Spotlight: Electric vehicles – are brokers ready for the EV revolution?
The rapid growth of battery electric vehicles should make personal lines and fleet brokers think carefully about how to adapt to this changing market, with both specialist products and services such as replacement vehicles in the event of a claim…
Policy Expert owner Qmetric names Sanchit Suri as CEO
Qmetric has appointed Sanchit Suri as CEO to take the reins from co-founder Tony Deacon who has retired, Post can reveal.
MCE claims recovery proposals for Gibraltar insurer were declined by regulator
MCE Insurance has alleged that it tabled proposals to “immediately meet any shortfall” in the capital requirements of its Gibraltar-based insurer but these were declined by the Gibraltar Financial Services Commission ahead of the provider's collapse last…
DLG business swerves watchdog censure over ‘thank truck’ parody ad
Breakdown cover provider Green Flag, part of Direct Line Group, has been cleared on two counts by the advertising watchdog after its 'colourful' language parody advert drew complaints.
HDI in London market launch; Marsh teams up with Pedalsure; Zurich UK bolsters healthcare offering and BMS in Tysers swoop
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Marshmallow accused of sharing 'personal data' with reinsurers in Mulsanne court battle
Mulsanne and Marshmallow took to a London court this week to thrash out allegations around contract breaches and misuse of confidential information.
Axa retail CEO says pricing review heralds the most ‘endemic’ change in market's recent memory
The Financial Conduct Authority's pricing review will bring the most “endemic” change the insurance market has experienced in a long time and the work that comes with it should not be underestimated, according to Axa Retail CEO Tara Foley.
Briefing: Does the Lemonade-Metromile deal signal the beginning of an insurtech M&A boom?
Post content director Jonathan Swift looks at the rationale behind Lemonade’s proposed takeover of Metromile and asks if the UK could be poised to a see a deal of similar scale among domestic insurtechs.
Video Q&A: Zego B2B commercial director Ines Feracci
In this video Insurance Post content director Jonathan Swift caught up with Zego’s B2B commercial director Inès Feracci to discuss its plans for targeting brokers and fleet customers.
A-Plan posts rising Ebitda and stable turnover
A-Plan has reported a 5% rise in Ebitda to £36.3m with turnover of £109.4m for the year ended 28 February 2021.